lets please clarifyJust for new people to this forum.
HEXO SP isnt down because the deal with REDECAN is somehow bad now. The entire cannibas sector has taken a pretty big hit in the past month. Most of these companys trade in tandum with one another and HEXO isnt any diferrent.
Right now you have super cheap shares available to whoever has the money.
evven at the $1.36 pre split, the valuation is wild.
$400-$500M of revenue a year in the future assuming absolutly NO upside whatsover. What idio$ thinks this a bad company to own??
This entire sector is down. if you dont believe me, check out the weed ETF (HMJU) and how much value it has lost in the past month.
This is not a HEXO specific trend.